Episode 2 — Debtors & Creditors Reconciliations

Debtors' and Creditors' Reconciliation

Learners will be able to:

In this live Grade 12 Accounting show we take a look at Debtors and Creditors Reconciliation. We consider how journals are used to record credit transactions, how to prepare a creditors reconciliation and debtors reconciliation, the purpose of credit control, the purpose of monthly statements to debtors as well as debtors' age analysis.